MUMBAI: Investors lost over Rs 2.54 lakh crore on Monday as the market gave a thumbs-down to the Union Budget 2009-10, which failed to provide a budget24.jpg concrete road map for reducing the burgeoning fiscal deficit. The total investors’ wealth, measured in terms of combined m…
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Buy Blue Star, target of Rs 385: Sushil Finance
Posted on: June 26th 2009 in Brokerage Recommendations.
Sushil Finance has recommended a buy rating on Blue Star, with price target of Rs 385, in its report dated June 09, 2009. “During FY09, Blue Star’s net sales increased by 15% YoY to Rs 25689.5 million. Its EBIDTA increased by 16% at Rs 2725.8 million, while the EBIDTA margins dec…
Market Review for 1st June 2009
Posted on: May 31st 2009 in Market Outlook.
BSE Sensex: (14635) we said ‘so far the trend is still intact up and I would watch the crucial support at 14080 and trade long’ and the market closed positive near its high…technically the trend is still intact up and we may see an assault on the recent high… The support for t…
Keep Rs 88 stoploss in Suzlon Energy: Mohoni
Posted on: May 26th 2009 in Stock Views.
Technical Analyst, Deepak Mohoni is of the view that one can keep Rs 88 stoploss in Suzlon Energy. “In Suzlon Energy one should use a stoploss of about Rs 88. Should it reverse now and fall below that, one should take a small loss and wait for the next move up to begin.” Source : Mo…
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